Tami Sorensen promoted to Southern Region Liability Manager, Zubin Mathew promoted to VIC Liability Manager, while Leah Nesbitt joins WA team as Assistant Underwriter.
Ivory Insurance to offer underwriting capacity and specialised expertise to MGAs, targeting professional indemnity, IT liability, and general liability cover for SMEs.
Predicted CAGR rate of 11.8% will catapult APAC's liability insurance industry from US$39.4bn to US$61.7bn, with China being the largest contributor, according
Data from APRA show costs for public liability and professional indemnity premiums are skyrocketing, however a change in accounting methods could be a factor.
In May, BYD was granted approval for the purchase of Yi’an Property and Casualty Insurance and insiders suggest its latest move means its nearly ready to enter China's motor insurance market.
